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Coronation Insurance PLC
119 Awolowo Road, Ikoyi, Falomo-Ikoyi
P.O. Box 55508
Phone: +234 12774500p:+234 12774500 LAGOS, Nigeria Ticker: WAPICWAPIC
Business Summary
Coronation Insurance Plc is a Nigeria-based full-line insurance company. The Comapny is principally engaged in underwriting life and non-life insurance risks and also issues a diversified portfolio of investment contract products to provide customers with asset management solutions for their savings and target investment plans. The Company’s segments include General Business and Life Business. The General Business segment covers the protection of customers’ assets (particularly their properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers’ accidents. All contracts in this segment are short-term in nature. The Life business segment covers the protection of the customers against the risk of premature death, disability, critical illness and other accidents. The Company has two wholly owned subsidiaries: Coronation Life Assurance Limited and Coronation Insurance (Ghana) Limited.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202512/31/2024Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance
6324 Hospital and medical service plans
6311 Life insurance

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board MutiuSunmonu 4/27/2020 4/27/2020
Managing Director/Chief Executive Officer, Director OlamideOlajolo 50 8/16/2021 8/16/2021
Managing Director, Wapic Ghana AdedayoArowojolu
12 additional Officers and Directors records available in full report.

General Information
Number of Employees: 87 (As of 12/31/2024)
Outstanding Shares: 23,991,679,506 (As of 6/30/2025)
Shareholders: 7,399
Stock Exchange: NIG


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Tuesday, August 12, 2025